Cheap Homes for Rent in Northwest Industrial Neighborhood of Portland, OR from $900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northwest Industrial area of Portland.

property at 5130 N Yale St

5130 N Yale St

PortlandOR97203

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Northwest Industrial, Portland, OR Local Guide

Cheapest Available Northwest Industrial Apartments for Rent

 

The cheapest available apartment rental in the Northwest Industrial area of Portland, OR is a 1 Bed unit found at Overlook Flats priced from $1,349. Greeley Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Northwest Industrial apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Overlook Flats1BR/1.0BA1BR,1BA$1,349
Greeley Court1BR/1.0BA1BR,1BA$1,399
The Bluffs2x12BR,1BA$1,499

Best Value Apartments for Rent in Northwest Industrial, OR

As of May 17, 2025 the best value apartment in the Northwest Industrial area is the $2.31 price per square foot 1BR/1.0BA Model at Overlook Flats in the in the Northwest Portland neighborhood starting from $1,349. The second greatest value Northwest Industrial apartment is the 1BR/1.0BA Model at Greeley Court starting at $1,399 with a $2.43 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Northwest Industrial apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Overlook Flats1BR/1.0BA1BR,1BA$2.31
Greeley Court1BR/1.0BA1BR,1BA$2.43
The Bluffs2x12BR,1BA$2.76

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Northwest Industrial

What type of rentals are currently available in Northwest Industrial?

There are currently 82 Apartments for Rent in Northwest Industrial, OR with pricing that ranges from $695 to $2,545. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Industrial ranging from $950 to $4,500.

What is the current price range for Rental Homes in Northwest Industrial?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northwest Industrial ranges from $950 to $4,500 with an average monthly rent of $3,169.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.